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Egyptian Iron and Steel reports revenues of EGP 758M

Updated 4/13/2021 4:00:48 PM

ArabFinance: Egyptian Iron and Steel Company (IRON) board of directors approved the business revenues of EGP 757.686 million in the first six months of the fiscal year (FY) 2020/2021, according to the company’s statement filed to the Egyptian Exchange.

The listed company’s sales and imports reached EGP 54 million in February 2021.  

The Metallurgical Industries Holding (MIH) will appoint a liquidator next week in order to wind up the Egyptian Iron and Steel company (EISC).

ESIC, an affiliated company of Metallurgical Industries Holding, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.